AutoSuccess

JULY 17, 2024

Efficient vehicle reconditioning is essential for maintaining high customer satisfaction and dealership profitability. Why Collaboration Matters Preparing a used car for resale requires close coordination between sales, fixed ops and third-party vendors.

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Vehicle Software Mechanic Management 52

Solera

AUGUST 8, 2023

Industry Trends in 2023 While the used car boom that sent prices sky high may be winding down, there is still a large demand for quality used vehicles. Once seemingly overvalued, older cars will take the biggest hit, while late-model cars will hold steady or decline slightly, mirroring the trend for new cars.

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AutoSuccess

SEPTEMBER 3, 2024

These circumstances have resulted in many customers being underwater with their pandemic-era purchase, and upgrading vehicles has become financially difficult. This in turn has resulted in a surplus of new cars sitting on lots. To avoid holding costs, dealerships must sell new car inventory quickly. Here’s how: 1.

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AutoSuccess

JANUARY 18, 2024

The latest book from Rapid Recon founder Dennis McGinn, “ASPIRE to Predictable,” outlines ways the dealership reconditioning software company brings predictability to a general manager’s day. This problem has been – and continues to be — a challenge for used car profitability, particularly regarding mechanical repairs.

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AutoSuccess

JUNE 6, 2024

If you want to manage inventory holding costs and bolster your earnings per share, consider how your used car reconditioning operates. Cars get sale-ready within three to five days of acquisition. Those who use the scoreboard as a monthly progress metric have more consistent three-to-five-day time-to-line.

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Software Management Used Cars Vehicle 52

AutoSuccess

JANUARY 4, 2024

Dealers today enjoy more predictable used car results because they leverage strategic reconditioning software’s robust efficiency metrics called time-to-line or T2L, a process we introduced to the market in 2010. The profitability of used cars has been, until now, primarily determined by demand and availability.

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Auto Remarketing

JUNE 3, 2024

Used-car sales have surged since the end of 2023 thanks to trends that offer long-term opportunities for dealers, according to a new eBook from marketing and data software firm ZeroSum. The report, “Driving Profits: The Importance of Data-Driven Decisions in the Used Car Market”, showed used-car movement is up 16.6%

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Used Cars Software Car Vehicle 52

Tomorrow's Technician

JUNE 27, 2024

Although the dust has settled on the VW Diesel gate scandal, the story is still not over for diesel cars that were bought back by VW. You may have noticed that there are a lot of 2009-2015 diesel Jettas, Bugs and Golfs hitting used car lots. In late 2019, they started selling the fixed cars at auction to dealers.

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AutoSuccess

FEBRUARY 15, 2024

This powerful appraisal-assist system delivers deep internal vehicle diagnostics and incorporates accurate, not estimated, reconditioning costs for predictable profit per vehicle, the company said in a press release. Increase profits from parts, customer-pay services, and used cars. VINSight is easy to use.

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Automotive Used Cars Hospitality Management 52

AutoSuccess

JANUARY 24, 2024

After pouring countless amounts of energy into the never-pretty process of getting used cars through the shop faster and on the lot for sale — then what? It’s common knowledge that the real rewards and internal gains only come when the car finds its new owner. The vehicle information you can pack into a DVP is considerable.

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Used Cars Insurance Media Vehicle 52

AutoSuccess

APRIL 9, 2024

Rapid Recon has announced in a press release a new complimentary feature for users of the company’s T2L used car reconditioning workflow software. Custom Forms is designed to help auto dealers personalize, customize and digitize the many forms used in fixed and variable operations.

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Media Management Electronics Software 52

AutoSuccess

MAY 4, 2024

VinTel studied 2,251 vehicles scanned across 10 selected dealership rooftops and found that 59.82% had VinTel-indicated exceptions, resulting in an average of $724.45 This is critical information to have in hand when used by any dealer — and especially by public groups — seeking to bolster earnings per share. Here’s why: 1.

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Mechanic Used Cars Vehicle Management 40

Meister Werks European & Import

SEPTEMBER 12, 2024

From time to time customers ask us if we accept Aftermarket Auto Warranties for their vehicle. We use to work with them quite a bit. When purchasing a used car from either the dealership or used car lot, they may offer you a warranty for an additional fee. This is where these warranties comes in.

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AutoSuccess

FEBRUARY 16, 2024

The Environmental Protection Agency accused Volkswagen of equipping its diesel vehicles with software designed to manipulate emissions tests, and while litigation was pending, Volkswagen dealers had to issue a stop sale on all their TDI vehicles. To learn about more Vehicle Care RockStars, visit www.VehicleCareRockStars.com.

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Auto Service World

MARCH 14, 2025

Similarly, a sudden drop in used car prices from post-COVID highs resulted in many vehicles not being repaired. For instance, as vehicles become more complex, the cost of repairing crash parts with all the added sensors and technology might lead to higher total loss ratios as these cars depreciate.

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